Mutares SE & Co. KGaA

#transactionnews 📰 𝐎𝐮𝐫 𝐬𝐢𝐱𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐕𝐑 𝐑𝐨𝐚𝐝 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐟𝐫𝐨𝐦 𝐕𝐑 𝐆𝐫𝐨𝐮𝐩. VR Road Logistics will strengthen Mutares´ Goods & Services segment as a new platform investment in Finland. VR Road Logistics is a leading road logistics business offering mainly full truck load freight for large industrial clients within forestry & metals, construction and mining. The business offers services for Full Truck Loads, Circular Economy, Supply Chain Logistics and Warehousing. VR Road Logistics has a long-term relationship with several blue-chip customers. The business generated revenue of ca. EUR 80 million in 2023. Johannes Laumann, CIO of Mutares, comments: “With this transaction, Mutares further builds on its presence in Finland, after successful realignment and improved performance in Palmia and Redo. Additionally, this acquisition will leverage our proven success in the logistics sector, with Frigoscandia as a prime example in the Nordics. We are very happy to welcome VR Road Logistics to our portfolio and remain committed to continuing the growth of our presence in Finland and the Nordic region.” 👉 Link to the press release: https://lnkd.in/dfPPzstD #listed #privateequity #acquisition #mutares

#transactionnews 📰𝐎𝐮𝐫 𝐟𝐢𝐟𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐍𝐚𝐭𝐮𝐫𝐚 𝐬𝐩. 𝐳 𝐨.𝐨. 𝐟𝐫𝐨𝐦 𝐏𝐞𝐥𝐢𝐨𝐧 𝐒.𝐀. The company will strengthen the Retail & Food segment of Mutares as a new platform investment. Natura is one of Poland’s leading beauty retailers, operating 217 physical stores across the country along with an online shop under the "Natura" brand. The company’s extensive product portfolio includes a variety of items across categories such as Hygiene, Perfume, Make-up, Face & Body, and Haircare, featuring both well-known international brands and Natura’s own high-quality private labels. With a workforce of more than 800 employees, Natura generated revenues of approximately EUR 100 million in the fiscal year 2023. Headquartered in Łódź, Poland, the company also operates a central warehouse in the Masovian Voivodeship. Johannes Laumann, CIO of Mutares, comments: “By acquiring Natura, we are bringing a legacy brand into our portfolio and further strengthening our Retail & Food segment as we enter the Polish retail market. The company is a well-established player in the steadily growing beauty sector, with significant growth potential in its product categories to meet the rising demand driven by the strength of Polish consumers. At Mutares, we look forward to collaborating with the management team and employees to adapt the business to evolving consumer preferences, preparing it for the next phase of growth and setting a solid foundation for the company’s future success.” 👉 Link to the press release: https://lnkd.in/eY3aPaFV #retail #acquisition #listed #privateequity #mutares

📢 𝐓𝐨𝐝𝐚𝐲, 𝐰𝐞 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐨𝐮𝐫 𝐐𝟑 𝟐𝟎𝟐𝟒 𝐑𝐞𝐩𝐨𝐫𝐭 and can look back on successful first nine months of 2024: • Revenues from consulting services and management fees of Mutares Holding grow by 12% to EUR 84.3 million in the first nine months of 2024 • Net income of Mutares Holding reaches EUR 53.5 million after the first nine months of 2024 despite one-off expenses for the bond increase • Group revenues increase by 14% to EUR 3,892.8 million • New bond placed with investors for further growth and international expansion • Successful IPO of defense subsidiary Steyr Motors in October At the start of the fourth quarter of 2024, we are on track to achieve the targets formulated as part of the communicated strategy. Following our expansion into China, India and the USA with successfully completed acquisitions in China and the USA, Mutares is well on track to fulfill its long-term growth ambitions, which envisage growth in Group revenues to EUR 10 billion and a net income of the Mutares Holding of around EUR 200 million by 2028. 👉For those interested in learning more, the press release is available on our website: https://lnkd.in/eqtAi6x6 #Q3 #mutares #listed #privateequity

📢 𝐒𝐢𝐱𝐭𝐡 𝐞𝐱𝐢𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥𝐥𝐲 𝐭𝐚𝐤𝐞𝐬 𝐒𝐭𝐞𝐲𝐫 𝐌𝐨𝐭𝐨𝐫𝐬 𝐩𝐮𝐛𝐥𝐢𝐜. Steyr Motors AG today celebrated a successful stock market debut in the Scale segment of the Frankfurt Stock Exchange. The first quotation was EUR 15.90 per share, which corresponds to a market capitalization of EUR 82.7 million at the start of trading. Preceding the listing, 1,110,000 new and existing Steyr Motors shares were placed with institutional investors in a private placement at a price of EUR 14.00 per share. With a total placement volume of EUR 15.5 million, Mutares generated gross proceeds of EUR 12.7 million. With a future stake of 70.9%, Mutares will remain majority shareholder of Steyr Motors and thus continue to participate significantly in its performance. Steyr Motors is one of the world's leading companies in the development and production of customized high-performance engines. The company's engines are primarily used in demanding, mission-critical areas, such as as the main propulsion in special military vehicles, boats and as auxiliary power units (“APU”) for tanks and locomotives. Mutares acquired the company in Q4 2022 and successfully implemented a very rapid operational turnaround. Mark Friedrich, CFO of Mutares, commented: “Being listed on the stock exchange gives Steyr Motors greater independence and means that we now have every option to exploit our growth potential and accelerate our growth trajectory. The listing and thus the valuation on the stock exchange is also an indicator of the successful value creation at Mutares, after we acquired Steyr Motors around two years ago for a symbolic purchase price. Steyr Motors is another Mutares success story in which everyone can now participate.” 👉 Link to the press release: https://lnkd.in/dBz7XAAC #steyrmotors #IPO #stockmarket #turnaround

𝐓𝐨𝐝𝐚𝐲, 𝐨𝐮𝐫 𝟔𝐭𝐡 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐃𝐚𝐲 𝐭𝐨𝐨𝐤 𝐩𝐥𝐚𝐜𝐞 𝐢𝐧 𝐅𝐫𝐚𝐧𝐤𝐟𝐮𝐫𝐭/𝐌𝐚𝐢𝐧 𝐰𝐡𝐞𝐫𝐞 𝐨𝐮𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐠𝐚𝐢𝐧𝐞𝐝 𝐚 𝐧𝐞𝐰 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 𝐨𝐧 𝐨𝐮𝐫 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐚𝐡𝐞𝐚𝐝. 🌇 A big thank you to all participants who joined us both in person and virtually, as well as to our speakers for their insightful presentations. The event’s highlights included updates on our portfolio companies Palmia, keeeper Group, and Steyr Motors, showcasing their impressive growth and future plans for the listing on the Frankfurt Stock Exchange. We look forward to continuing this exciting journey together! #Mutares #CapitalMarketsDay #Investors #Growth

#transactionnews 📰 𝐎𝐮𝐫 𝐟𝐨𝐮𝐫𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐭𝐡𝐞 𝐚𝐬𝐬𝐞𝐭𝐬 𝐨𝐟 𝐒.𝐌.𝐀. 𝐌𝐞𝐭𝐚𝐥𝐥𝐭𝐞𝐜𝐡𝐧𝐢𝐤 𝐆𝐦𝐛𝐇 & 𝐂𝐨. 𝐊𝐆 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐬𝐮𝐛𝐬𝐢𝐝𝐢𝐚𝐫𝐢𝐞𝐬. The company will join the SFC Group as a new add-on investment, strengthening SFC’s product capabilities and customer portfolio. Headquartered in Backnang, Germany, S.M.A. Metalltechnik specialises in development and manufacturing of highly impermeable aluminium pipes, particularly for cooling media used in automotive applications, such as interior climate control and battery cooling. In addition to Germany, the Group has manufacturing facilities in South Africa, Romania and China. In recent years, the company has established long-term relationships with blue-chip automotive customers. With around 1,500 employees worldwide, the company is expected to generate around EUR 160 million in revenue in 2025. With the acquisition of S.M.A Metalltechnik and its expertise in climate control and thermal management solutions, SFC Group completes its product offering in fluid transfer systems, further strengthening its position in the market. The transaction will also enhance existing customer relationships and provide access to a broader, high-quality customer base. Johannes Laumann, CIO of Mutares, comments: "With the acquisition of S.M.A Metalltechnik, we are further strengthening our Automotive & Mobility segment in the area of highly impermeable pipes. This strategic add-on represents another step for SFC Group towards being the preferred provider of advanced, sustainable, and innovative sealing and fluid solutions for customers worldwide and we’re looking forward to the implementation of operational improvements using Mutares’ best practices." 👉 Link to the press release: https://lnkd.in/dEsQbuTx #listed #privateequity #mutares #transaction

#transactionnews 📰 𝐎𝐮𝐫 𝐭𝐡𝐢𝐫𝐭𝐞𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐟 𝐁𝐮𝐝𝐞𝐫𝐮𝐬 𝐄𝐝𝐞𝐥𝐬𝐭𝐚𝐡𝐥 𝐆𝐦𝐛𝐇 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐯𝐨𝐞𝐬𝐭𝐚𝐥𝐩𝐢𝐧𝐞 𝐀𝐆. The company will strengthen the Engineering & Technology Segment of Mutares as a new platform investment. Established in 1731, Buderus Edelstahl GmbH (“Buderus”) is a producer of high-quality special steels with a focus on tool steel, engineering steel, open-die forgings, closed-die forgings, hot-rolled strip, cold-rolled strip and rolled semi-finished products, which it supplies to a wide range of customers worldwide. Johannes Laumann, CIO of Mutares, comments: "With the acquisition of Buderus Edelstahl, we are further strengthening our Engineering & Technology segment in the area of steel components and securing our own steel base. Buderus Edelstahl will also benefit from our existing product range and broad customer structure in the future, reducing its dependence on individual market risks and positioning itself more broadly for future growth within the Mutares Group. In line with the current situation at Buderus Edelstahl, we will negotiate a social plan with the employee representatives for the affected employees if it becomes necessary to reduce the workforce. Due to the company’s broad range of products, Buderus is effectively reducing its exposure to single market risks and sets itself for future growth. To optimize the manufacturing processes and further streamline the cost structure, we look forward to leveraging our in-house consultants’ expertise in optimizing manufacturing processes implementing best practices from our portfolio companies." 👉 To the press release: https://lnkd.in/dwM7nxSv #mutares #transaction #acquisition #privateequity

𝐊𝐢𝐜𝐤𝐨𝐟𝐟 𝐨𝐟 𝐨𝐮𝐫 𝐧𝐞𝐰 "𝐓𝐮𝐫𝐧𝐚𝐫𝐨𝐮𝐧𝐝 𝐆𝐚𝐩-𝐘𝐞𝐚𝐫" 𝐩𝐫𝐨𝐠𝐫𝐚𝐦 𝐢𝐧 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐅𝐓𝐈-𝐀𝐧𝐝𝐞𝐫𝐬𝐜𝐡! 🎓 We are proud to announce that our first "Turnaround Gap-Year" program launched on September 1st! Together with FTI-Andersch, we offer talented young professionals a unique opportunity to gain in-depth insights into the restructuring of companies over several months between their bachelor’s and master’s degrees. Our first two participants, Maximilian Maas and Julius Drieseberg, will embark on their journey at Mutares and FTI-Andersch. This program bridges the gap between consulting and private equity, fostering the development of future leaders in turnaround management. 🚀 We wish Maximilian and Julius great success and are looking forward to an exciting collaboration! #Mutares #FTIAndersch #TurnaroundGapYear #Career #Internship #PrivateEquity #TurnaroundManagement #FutureLeaders

#transactionnews 📰 𝐎𝐮𝐫 𝐟𝐢𝐟𝐭𝐡 𝐞𝐱𝐢𝐭 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐞𝐥𝐥 𝐌𝐨𝐛𝐢𝐋𝐢𝐭𝐚𝐬 𝐭𝐨 𝐒𝐚𝐧𝐢𝐯𝐚 𝐟𝐨𝐫 𝐚 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐩𝐫𝐢𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐢𝐧𝐠𝐥𝐞-𝐝𝐢𝐠𝐢𝐭 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐫𝐚𝐧𝐠𝐞. After the successful repositioning of MobiLitas, Mutares is now focusing on the core business of GoCollective in Denmark, which is also part of the Mutares portfolio as a provider of multimodal public transport. MobiLitas is a Serbian-based provider of public, regional, and international transport services with accompanying services in tourism and personnel transport. Operating in Belgrade and Požarevac, Serbia, the company employs around 500 people and generated revenues of approx. EUR 26 million in 2023. Over the past year, MobiLitas transported more than 32 million passengers across 18 million kilometers. After the acquisition in May 2023, the company was successfully repositioned as a recognised and autonomous market player in the Serbian public transportation. Following the successful repositioning of its legacy loss-making contracts, the company is now focusing on strengthening its operation in the Požarevac areas as well as diversifying its strategy towards sustainability and mobility concepts. Johannes Laumann, CIO of Mutares, comments: "We are pleased to announce the sale of our portfolio company MobiLitas. The new owner Saniva is a successful entrepreuner with proven expertise in the public transport service sector, providing infrastructure for ticketing and fare as well as last mile transportation concept. I am confident that the company will continue to develop successfully under their new leadership.” 👉 To the press release: https://lnkd.in/dj4Z2_gC #mutares #transaction #exit #listed #privateequity

#mutaresnews 📰 𝐌𝐮𝐭𝐚𝐫𝐞𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐬 𝐬𝐭𝐫𝐨𝐧𝐠 𝐐𝟒 𝟐𝟎𝟐𝟒 𝐰𝐢𝐭𝐡 𝐡𝐢𝐠𝐡 𝐌&𝐀 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲 At the start of the fourth quarter of 2024, Mutares SE & Co. KGaA is on track to achieve the goals formulated as part of its stated strategy. An above-average development is expected in Q4, particularly in the Segments of Engineering & Technology, Goods & Services, and Retail & Food, while growth in achieving a relevant position in the automotive & mobility industry will lead to first-exit opportunities. After a subdued third quarter on the transaction side, as anticipated, Mutares expects a very strong fourth quarter of 2024. Mutares intends up to five acquisitions with investments of up to EUR 20 million for more than EUR 600 million of turnover and at least two further exits in 2024. On the exit side, particular attention is paid to Steyr Motors (“Steyr”), a global supplier of specialty engines in the fast-growing defense sector. Mutares acquired the company in November 2022, benefiting from a very fast strong operational turnaround and the general market environment. In the fiscal year 2024, Steyr will generate an operating profit (Adjusted EBIT) of more than EUR 10 million. The market environment is very beneficial and has led to very strong momentum that results in an increased number of solid opportunities and a strong order book. Julian Cassutti, CEO of Steyr, comments: "Our customers' defense budgets have increased so significantly worldwide that we have always been able to exceed the targets we have communicated so far. The current planning, which assumes an Adjusted EBIT of more than EUR 40 million by 2027, is rather conservative given the existing order book and sales pipeline." Mutares is exploring for Steyr Motors the possibility of a public listing and selling part of the Steyr business by the end of the year to selected investors. Johannes Laumann, CIO of Mutares, comments: "I am confident that we will achieve our goals this year as well and that we will see some positive surprises on both the buy and sell side. We deliver what we promise." 👉 To the press release: https://lnkd.in/dRDRbJj9